As cited by the research report titled ‘Global Sushi Restaurants Market Size study, by Product (Single Sushi Restaurant and Conveyor Belt Sushi Restaurant), by Application (Local Market and International Chain Market) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global sushi restaurants market is projected to grow with a strong CAGR to garner significant returns over 2021-2027.
 

Increasing demand for Japanese food among foreign tourists is a major factor driving global sushi restaurants market growth. As per Statista, around 96.4% of foreign tourists in Japan preferred eating Japanese food in the year 2020.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/4285219/
 

Growing production of rice that supports the production of sushi is another factor propelling the industry growth. As per Food and Agriculture Organization, the area harvested for rice cultivation in the U.S. has increased from 0.96 million hectares in 2017 to 1.00 million hectares in 2019. While the same in Africa has increased from 16.29 million hectares in 2017 to 17.11 in 2019 million hectares.
 

In addition, growing trend of outdoor food dining, rising international tourism, and introduction of new innovative sushi dishes at restaurants are expected to generate new opportunities for the market development.
 

On the downside, high prices of sushi in many countries like India are likely to hamper the market progress over the projected timespan. 
 

Based on product type, global sushi restaurants industry is segmented into conveyor belt sushi restaurant and single sushi restaurant. Speaking of application range, the marketplace is categorized into local markets and international chain markets.
 

The geographical analysis of the industry includes regions like Asia Pacific, Europe, North America, and Latin America. Experts cite that Asia Pacific is likely to be a lucrative growth avenue for the industry participants over the forecast timeline 2021-2027, on account of growing preference towards sushi, increasing personal disposable income, and rising trend of outdoor eating in the region.
 

Meanwhile, North America market is anticipated to showcase significant growth over the projected timeline, owing to presence of international multi-cuisine food restaurants, growing demand for Asian food, and increasing tourism in the region. 
 

Prominent players influencing the global sushi restaurants industry dynamics are EnPro Industries Inc., IDEX Corporation, Trelleborg AB, Parker-Hannifin Corporation, SKF USA Inc., AW Chesterton Company, Flowserve Corporation, Smiths Group plc, Aesseal PLC, and Freudenberg Group.